BANKING & FINANCE
RBI Opens Special Dollar Window For IOC, BPCL And HPCL From October 12
The Reserve Bank of India (RBI) has opened a special foreign exchange window to meet the entire daily US dollar requirements of three public sector oil marketing companies (OMCs), effective October 12, 2026, in a move that will provide a dedicated channel for their dollar purchases. The facility will cover Indian Oil Corporation Limited (IOCL), […]
CW Bureau
·
Oct 10, 2026
AUTO
EIM Partners HPCL For EV Charging, Battery Swapping Network For HCVs
Energy In Motion Ltd (EIM) has entered into a strategic partnership with Hindustan Petroleum Corporation Ltd (HPCL) to establish and operate fast-charging and battery-swapping infrastructure for heavy commercial vehicles (HCVs) at select HPCL retail outlets across India, marking a significant step towards building a nationwide charging ecosystem for electric freight transport. Under the agreement, EIM […]
CW Bureau
·
Jul 27, 2026
STARTUP/TECHNOLOGY
Pine Labs To Modernise Digital Payments Platform Of Indian OMCs
Global fintech platform Pine Labs has announced that it has won multiple landmark contracts from three of the leading oil and marketing companies (OMCs) in India, namely Bharat Petroleum Corporation Ltd (BPCL), Hindustan Petroleum Corporation Ltd(HPCL), and Indian Oil Corporation Ltd (IOCL). Under the contracts executed with respective OMCs, Pine Labs will be entrusted with […]
CW Bureau
·
Feb 23, 2026
AUTO
Blue Energy, HPCL To Jointly Set Up Battery Swapping Stations
Blue Energy Motors (BEM) and Hindustan Petroleum Corporation Limited (HPCL) have announced a collaboration to jointly set up battery swapping stations (BSS) at HPCL fuel retail outlets across select markets. Under the agreement, BEM will leverage HPCL’s fuel station network to establish battery swapping infrastructure for electric heavy-duty commercial vehicles, creating convenient and accessible energy […]
CW Bureau
·
Jan 30, 2026
INFRASTRUCTURE
HPCL, Castrol Sign MoU To Explore Re-Refined Base Oil Ecosystem
Hindustan Petroleum Corporation Limited (HPCL), one of the India’s largest integrated energy companies, and Castrol India, the country’s premier producer and marketer of automotive and industrial lubricants, have signed a Memorandum of Understanding to explore the development of Re-Refined Base Oil (RRBO) ecosystem in India. Under this MoU, the two companies will work together to […]
CW Bureau
·
Jan 27, 2026
